Pelican acquires Hardigg Industries
Protective case manufacturer Pelican Products Inc. has acquired its competitor, Hardigg Industries, which manufactures roto-molded protective cases. Private equity group Behrman Capital supported the transaction, which is valued at approximately $200 million. Collectively the new entity will employ more than 1,500 employees.
“Despite the current economic downturn, Pelican Products has continued to grow its position as a global leader in the design and manufacturing of advanced lighting systems and virtually indestructible injection molded cases,” said Lyndon Faulkner, Pelican president and CEO. “I am extremely excited to conclude this acquisition and to put two global organizations together combining their respective strengths.”